Nigeria: Govt to Issue Another Green Bond to Fund 2018 Budget
The federal government will fund part of the 2018 budget through green bond issuance. This followed the successful issuance of the debut N10.69billion, 5-year, Federal Read more
Finance
Senate approves N348b subsidy payment to 74 oil marketers
The Senate has approved the payment of N348 billion as outstanding subsidy claims to 74 petroleum marketers. Some of the Oil Marketing Companies (OMC) are, Read more
Again, SEC warns Nigerians to desist from investing in Ponzi schemes
The Securities and Exchange Commission (SEC) has again warned Nigerians against investing in schemes that offer unreasonable returns and not approved by the commission .The Read more
Nigeria: China’s Investment in Nigeria’s Oil Sector to Hit $17 Billion
China National Offshore Oil Corporation (CNOOC) will increase its venture in the Nigerian oil and gas sector, especially its offshore investments, to about $17 billion.Chief Read more
Oando: London Arbitration Court Orders Tinubu’s Firms to Pay Volpi $680m
There appears to be no end in sight in the tussle between Oando Plc and Ansbury Investments Incorporated as the London Court of International Arbitration Read more
Dangote Gets $650 mln (₦250 billion) loan from African Export-Import Bank for refinery project
ABUJA, July 14 (Reuters) – Africa’s richest man, Aliko Dangote, has signed a $650 million (₦250 billion) loan facility with the African Export-Import Bank (Afreximbank) for Read more
N1b debt: AMCON takes over Sigma Apartments
The Asset Management Corporation of Nigeria (AMCON) has secured a Federal High Court Abuja Division to take over Sigma Apartments owned by Sigma Engineering & Read more
World Bank Approves $2.1bn Loan For Seven Projects In Nigeria
The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in Nigeria. A statement issued in Abuja on Thursday Read more
Save banks from collapse
The excruciating recession has come and gone, but the ill effects are still biting hard on the citizenry and businesses across the country. One of Read more
Bitcoin continues to fall following Google and Facebook’s plan to ban cryptocurrency ads
Bitcoin fell 9 percent following news that Google, the world’s largest ad provider, is cracking down on cryptocurrency. Facebook, the second largest online ad provider, Read more
How Smart Contracts can Outsmart Nigeria’s Public Procurement Contracts and Service Inadequacies (My opinion)
By Jennifer Ovat. On several occasions, the Federal Government, through the Bureau of Public Procurement has awarded numerous contracts for the constructions of roads, bridges, Read more